OFF MARKET

5/9 Ocean Drive
Merimbula NSW 2548

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 1321m2
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Property Details for 5/9 Ocean Dr, Merimbula

5/9 Ocean Dr, Merimbula is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1321m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1970
Floor Size
59m2
Land Size
1321m2
Local Government
Bega Valley
Lot/Plan
5/SP73100

Last Listing description (March 2009)

LOCATION, LOCATION
QUAINT & COSY COTTAGE STYLE UNIT IN COMPLEX OF 5, OPPOSITE MAIN BEACH IN MERIMBULA. FEATURES INCLUDE 2 GOOD SIZED BEDROOMS, 1 BATHROOM, OPEN PLAN LIVING, KITCHEN & DINING AREA, POLISHED FLOORBOARDS, ENTERTAINING DECK, PRIVATE COURTYARD & ESTABLISHED GARDEN. ALL THIS AND ONLY 10 MINS WALK TO MERIMBULA.

Property History for 5/9 Ocean Dr, Merimbula, NSW 2548

A timeline of how this property has performed in the market
Last Sold
$945,000
08 Mar 2023
  • 08 Mar 2023
    Sold for $945,000
  • 08 Aug 2022
    Sold
  • 16 Apr 2009
    Sold for $230,950
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About Merimbula 2548

The size of Merimbula is approximately 18.3 square kilometres. It has 14 parks covering nearly 8.6% of total area. The population of Merimbula in 2011 was 3,277 people. By 2016 the population was 3,544 showing a population growth of 8.1% in the area during that time. The predominant age group in Merimbula is 60-69 years. Households in Merimbula are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Merimbula work in a professional occupation. In 2011, 57.8% of the homes in Merimbula were owner-occupied compared with 58.3% in 2016.

Merimbula has 3,592 properties. Over the last 5 years, Houses in Merimbula have seen a 59.02% increase in median value, while Units have seen a 64.31% increase. As at 30 September 2024:

  • The median value for Houses in Merimbula is $867,977 while the median value for Units is $514,621.
  • Houses have a median rent of $660 while Units have a median rent of $480.
There are currently 62 properties listed for sale, and 1 property listed for rent in Merimbula on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Merimbula.

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